China will relax residency curbs in many of its smaller cities this year and inc...
BEIJING - China will relax residency curbs in many of its smaller cities this year and increase infrastructure spending, the state planner said on Monday, in a fresh push to boost the urban population and revive slowing economic growth.
The latest push is part of its longer-term goal of bringing 100 million people into the cities over the five years to 2020. In 2018, 59.6 percent of China’s population lived in urban areas. Such permits, known as “hukou”, have been used to control internal migration in China for many years. Without a permit, a resident of a city is denied access to many public services, such as education and healthcare. These restrictions have often been blamed for pushing migrants to the margins of society in China’s cities.
But critics in the real estate and securities industries say any easing of these policies could undermine authorities’ efforts to control property speculation.
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